SystexTPE:6214 +2.25%85 Days Payable is 63.36 as of Dec. 2025, which is 14% below its 10-year median of 73.65. GuruFocus rates TPE:6214 with a GF Score™ of 85/100 and a GF Value™ of NT$128.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,598 Software companies, Systex ranks better than 53.04% on this metric.
Systex's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$5,944 Mil. Systex's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$8,561 Mil.
Hence, Systex's Days Payable for the
three
months ended in Dec. 2025 was 63.36.
The historical rank and industry rank for Systex's Days Payable or its related term are showing as below:
TPE:6214'
s Days Payable Range Over the Past 10 Years
Min: 58.97 Med: 73.65 Max: 89.54
Current: 58.97
During the past 13 years, Systex's highest Days Payable was 89.54. The lowest was 58.97. And the median was 73.65.
TPE:6214's Days Payable is ranked better than 53.04% of 2598
companies
in the Software industry
Industry Median: 53.675
vs TPE:6214: 58.97
Systex's Days Payable
increased
from Dec. 2024 (54.58) to Dec. 2025 (63.36).
It may suggest that Systexdelayed paying its suppliers.
Systex Days Payable Related Terms
Systex Days Payable Historical Data
* Premium members only.
The historical data trend for Systex's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TPE:6214 vs IBM, ACN, FISV: Days Payable Comparison
For the Information Technology Services subindustry, Systex's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Systex Days Payable vs Software Industry
For the Software industry and Technology sector, Systex's Days Payable distribution charts can be found below:
* The bar in red indicates where Systex's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Systex's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Systex (TPE:6214) has a Days Payable of 63.36 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Systex and its competitors. This is 14% below median its historical median of 73.65. Over the past decade, Systex's Days Payable has ranged from 58.97 to 89.54. According to the industry distribution chart, Systex ranks #1220 out of 2598 companies in the Software industry, placing it in the top 47%.
Is Systex's Days Payable too high?
Systex's current Days Payable of 63.36 is 14% below median its 10-year median of 73.65. Over the past 10 years, this metric has ranged from a low of 58.97 to a high of 89.54. The Software industry median Days Payable is 53.68. Systex's value of 63.36 is 18% above this industry median. Based on the distribution chart, Systex ranks #1220 out of 2598 companies in the Software industry, which is above the industry midpoint. Overall, Systex has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systex's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Systex ranks #1220 out of 2598 companies for Days Payable. This puts Systex in the upper half of its industry. The industry median Days Payable is 53.68. Systex's value of 63.36 is 18% above this benchmark. Historically, Systex's own Days Payable has ranged from 58.97 to 89.54 over the past decade. While the company's 10-year median is 73.65 vs. the industry median of 53.68, Systex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.68, based on 2,598 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Systex's current Days Payable of 63.36 is 18% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Systex and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systex's current Days Payable is 63.36, which is 14% below median its own 10-year median of 73.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systex stock overvalued right now?
Based on GuruFocus' analysis, Systex (TPE:6214) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.79, compared to a current price of NT$136.50 — trading 6% above its estimated fair value. The current Days Payable is 63.36, which is 14% below median its 10-year median of 73.65 and 18% above the Software industry median of 53.68. Systex's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Systex (TPE:6214), the current Days Payable is 63.36 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Systex (TPE:6214) Overvalued in 2026?
Based on GuruFocus' analysis, Systex stock appears to be overvalued.
The current stock price of NT$136.50 is trading 6% above its estimated GF Value™ of NT$128.79.
GuruFocus considers Systex to be Fairly Valued.
Key valuation signals for TPE:6214:
Days Payable: 63.36 (14% below median its 10-year median of 73.65)
GF Value™: NT$128.79 vs. price of NT$136.50 (6% above fair value)
Industry Position: 18% above the Software median (#1220 of 2598)
No single metric tells the full story. See the TPE:6214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Systex Corp is engaged in sale and lease of computer software and related equipment, transmission and security of value-added network, maintenance of databases, and consultation. It operates in three segments: Industry Application Services, Value-Added Distribution (VAD) Services, and System Integration Value-Added Services. The majority of the revenue is derived from the Value-Added Distribution Services segment, which offers sales, implementation, and technical support for hardware and software products from both domestic and international vendors. It also encompasses cloud platform deployment, enterprise cloud applications, IT professional training, and publishing services, meeting enterprise clients' demand for rapid access to information technology infrastructure and capabilities.
85GF Score
Get the complete analysis for TPE:6214
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